The RBI said the MoU aims to promote the use of INR and MUR in bilateral trade. The MoU covers all current account ...

The Reserve Bank of India has occasionally cleared the way for trade using local currencies, Indian Rupees (INR), by allowing authorized banks in India to open Special Rupee Vostro Accounts (SRVA) of ...

The Reserve Bank of India (RBI) and the Bank of Mauritius (BOM) have signed a Memorandum of Understanding (MoU) for establishing a framework to promote the use of local currencies — the Indian Rupee ...

RBI and BOM sign MoU to promote INR and MUR use in cross-border transactions, enhancing trade and financial integration.

India and Mauritius have signed a Memorandum of Understanding (MoU) to facilitate trade using their local currencies. The agreement aims to reduce reliance on hard currencies by implementing an ...

The MoU aims to promote the use the currencies of India and Mauritius and covers all the current account and permissible capital account transactions ...

The Reserve Bank of India (RBI) and the Bank of Mauritius (BOM) signed a Memorandum of Understanding (MoU) for establishing a framework to promote the use of local currencies, viz., the Indian Rupee ...

Reserve Bank and the Bank of Mauritius (BOM) have signed a pact for establishing a framework to promote the use of the Indian Rupee and the Mauritian Rupee (MUR) for cross-border transactions.

Reserve Bank of India and Bank of Mauritius sign MoU to promote the use of Indian Rupee and Mauritian Rupee for cross-border transactions, aiming to optimize costs and settlement time.

The Reserve Bank of India and the Bank of Mauritius signed an MoU to promote the use of Indian and Mauritian Rupees for cross-border transactions. This agreement aims to optimize trade costs and ...